Form 4: Aehr Test Systems Executive VP Reports Stock Transaction
SEC Form 4
Avijit K. Ray-Chaudhuri, Executive VP of R&D at Aehr Test Systems, reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 29, 2024, Avijit K. Ray-Chaudhuri, Executive VP of R&D at Aehr Test Systems, reported a transaction involving common stock.
- 100 shares were withheld to satisfy tax obligations upon the vesting of restricted stock units at a price of $12.1 per share.
- Following the transaction, Ray-Chaudhuri beneficially owns 10,970 shares of Aehr Test Systems, which includes unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily reflect a significant event for the company or the industry.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 2024-01-04 | Date of Power of Attorney execution. |
| 2024-04-29 | Date of stock transaction (withholding of shares for tax obligations). |
| 2024-04-30 | Date of signature for the Form 4 filing. |
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